DPM Metals (OTCMKTS:DPMLF) Announces Quarterly Earnings Results

DPM Metals (OTCMKTS:DPMLF) issued its quarterly earnings results on Thursday. The company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.09), Zacks reports. DPM Metals had a return on equity of 25.66% and a net margin of 50.26%. The company had revenue of $292.83 million for the quarter, compared to the consensus estimate of $321.94 million.

DPM Metals Price Performance

DPM Metals stock traded down $1.06 during trading hours on Friday, hitting $34.38. The stock had a trading volume of 6,191 shares, compared to its average volume of 73,964. The stock has a market capitalization of $7.50 billion, a price-to-earnings ratio of 11.31 and a beta of 0.73. The stock’s fifty day moving average is $40.66 and its two-hundred day moving average is $37.90. DPM Metals has a 1-year low of $22.55 and a 1-year high of $52.37.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Scotiabank restated an “outperform” rating on shares of DPM Metals in a report on Wednesday, August 19th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of DPM Metals in a report on Wednesday, September 9th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, DPM Metals presently has an average rating of “Moderate Buy”.

About DPM Metals

DPM Metals Inc. is a Canadian mining company focused on the exploration, development and operation of precious- and base-metal assets. Its products have included gold and copper, as well as silver and other metals recovered during processing. Historically known as Dundee Precious Metals, the company has had a significant presence in Bulgaria, where its portfolio included the Chelopech copper-gold mine and the Ada Tepe gold mine. It has also pursued mining and exploration opportunities in southeastern Europe.